AMAZON ENHANCED HIGH INCOME (AMHE.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:AMHE - CA41751W1041 - ETF
We assign a technical rating of 2 out of 10 to AMHE. AMHE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, AMHE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.40, a Stop Loss order could be placed below this zone.
More info and screens
12.63
We found 2 important support areas.
- A support zone ranging from 13.05 to 13.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.76 to 12.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 13.45 to 13.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.38 from a trend line in the weekly time frame.
- Resistance @14.77 from a horizontal line in the weekly time frame.
- Resistance @15.28 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AMHE.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMHE.CA is neutral. |
| ChartMill Relative Strength | 18.99 | NEGATIVE | AMHE.CA has a low relative strength, it was outperformed by 81.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMHE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AMHE.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMHE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.56 | NEUTRAL | The RSI value for AMHE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests AMHE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.56 | OVERBOUGHT | The high Stochastics value suggests AMHE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for AMHE.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.92 | NEGATIVE | The low ADX value for AMHE.CA suggests a weak or negative trend. |
TSX:AMHE (12/31/2025, 7:00:00 PM)
13.42
-0.23 (-1.72%)
AMAZON ENHANCED HIGH INCOME / AMHE.CA FAQ
What is the ChartMill technical rating of AMAZON ENHANCED HIGH INCOME (AMHE.CA) stock?
ChartMill assigns a technical rating of 2 / 10 to AMHE.CA.
Can you provide the trend direction for AMAZON ENHANCED HIGH INCOME?
The current trend direction for AMAZON ENHANCED HIGH INCOME (AMHE.CA) is Bearish.
What is the RSI signal for AMAZON ENHANCED HIGH INCOME (AMHE.CA) stock?
AMAZON ENHANCED HIGH INCOME (AMHE.CA) has an RSI value of 46.5647. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMAZON ENHANCED HIGH INCOME?
The MACD indicator for AMAZON ENHANCED HIGH INCOME (AMHE.CA) has a value of 0.0469138, indicating a bearish trend.
What are the support and resistance levels for AMAZON ENHANCED HIGH INCOME (AMHE.CA) stock?
AMAZON ENHANCED HIGH INCOME (AMHE.CA) has a support level at 13.4 and a resistance level at 13.45. Check the full technical report for our detailed analysis of AMHE.CA support and resistance levels.